Abstract: The speed of enterprise innovation has an important impact on the organization's competitive advantage. Based on the structural hole theory and human capital theory, this paper studies the influence of the structure hole position of the talent flow network on the innovation speed of enterprises. The empirical analysis results combined with LinkedIn online resume data and CSMAR show that there is a significant U-shaped relationship between the talent mobility network structure hole and the enterprise's innovation speed; the enterprise's internal absorptive capacity has a significant positive moderating effect on the relationship between talent mobility network structure hole and the innovation speed; while the market competition intensity has a significant negative moderating effect on the relationship between the two; further analysis found that the significant impact of structural holes on the speed of innovation mainly merely exists in non-state-owned enterprises. Further, we discuss the theoretical contributions and practical implications of this study.

摘要： 企业创新速度对组织获取和维持竞争优势具有重要的影响作用。基于结构洞理论和人力资本理论，本文研究了人才流动网络的结构洞位置对企业创新速度的影响。结合领英在线简历数据和国泰安上市公司财务数据的实证分析结果显示：人才流动网络结构洞与企业创新速度之间存在显著的U型关系；企业内部吸收能力对人才流动网络结构洞与创新速度之间的关系存在显著的积极调节作用；而外部市场竞争强度对二者之间的关系存在显著的消极调节作用；进一步分析发现，结构洞对创新速度的显著影响主要存在于非国有企业中。研究结论拓展了企业创新速度的研究视角，深化了结构洞与企业创新的关系研究，并对企业基于人才流动提升创新速度的管理实践具有一定的启示意义。